Distribution of Retirees, Pensions,
and Economic Impact by TN County – 2007
Economic
Impact of Proposed Adjustments to
|
TN County* |
Number of Recipients* |
Present Pension* |
Adjustment and Penalty Reduction** |
Economic Impact of Adjustments*** |
|
|
3,678 |
$56,008,544 |
$14,125,355 |
$29,663,245 |
|
Blount |
294 |
3,768,920 |
950,522 |
1,996,095 |
|
Knox |
3,393 |
45,757,267 |
11,539,983 |
24,233,964 |
|
Loudon |
748 |
9,162,415 |
2,310,761 |
4,852,598 |
|
Morgan |
144 |
1,664,005 |
419,662 |
881,290 |
|
Roane |
1,668 |
20,027,275 |
5,050,879 |
10,606,845 |
|
Other
TN Counties |
1,146 |
11,694,810 |
2,949,431 |
6,193,805 |
|
Total
All Counties |
11,071 |
148,083,236 |
37,346,592 |
78,427,843 |
|
|
|
|
|
|
* Source:
**
Adjustment to Restore 75% of Lost Buying Power+Reduction
of Spousal Penalty to 2%
***
Source: "The Economic Benefits of the
Published
May 2007 by the
Prepared by Coalition of